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4867 Long Beach Ave - Affordable Housing Development 0.13 Acres of Residential Land Offered at $750,000 in Los Angeles, CA 90058
INVESTMENT HIGHLIGHTS
- Zoning: LAC2 – Mixed Commercial/Residential
- Prime Opportunity for Alternative Development Projects
- Great Visibility & Accessibility
EXECUTIVE SUMMARY
Excellent opportunity for developers and investors! This 5,820 SF vacant lot is zoned LAC2, located in a growing area of South Los Angeles. Entitlement plans have been submitted for a 25-unit affordable housing project, but the flexible zoning also allows for other potential development concepts including mixed-use, market-rate multifamily,
or commercial projects.
Let your vision take shape on this flat, infill parcel just minutes from Downtown LA, major freeways, and public transportation.
Plans and reports available upon request. Buyer to verify all development potential and zoning with the City of Los Angeles.
PROPERTY FACTS
| Price | $750,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| Sale Condition | Build to Suit | Total Lot Size | 0.13 AC |
| No. Lots | 1 | ||
| Zoning | LAC2 | ||
| Price | $750,000 |
| Sale Type | Investment |
| Sale Condition | Build to Suit |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.13 AC |
| Zoning | LAC2 |
1 LOT AVAILABLE
Lot
| Price | $750,000 | Lot Size | 0.13 AC |
| Price Per AC | $5,613,394.31 |
| Price | $750,000 |
| Price Per AC | $5,613,394.31 |
| Lot Size | 0.13 AC |
DESCRIPTION
Entitled Land for 25 Affordable Units – Prime South LA Development Opportunity Excellent opportunity for developers and investors! This 5,820 SF vacant lot is zoned LAC2, located in a growing area of South Los Angeles. Entitlement plans have been submitted for a 25-unit affordable housing project, but the flexible zoning also allows for other potential development concepts including mixed-use, market-rate multifamily, or commercial projects. Let your vision take shape on this flat, infill parcel just minutes from Downtown LA, major freeways, and public transportation. Plans and reports available upon request. Buyer to verify all development potential and zoning with the City of Los Angeles.
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4867 Long Beach Ave - Affordable Housing Development
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